Amid weak economic data and advertising sales, media companies are looking for additional sources of revenue to supplement lagging advertising sales. Because CBS relies heavily on advertising revenue, its stock may have hit its peak, one analyst said—but another analyst is still long on the media giant.

Hulu has helped to free television from the tyranny of the TV set, but questions about how to make money off online content pose a challenge to the Web site’s future and eventual buyer, the New York Times reports.

Over the next 12 months, as much as 10 percent of U.S. households could cancel their cable or satellite TV, based on the popularity of Netflix and other streaming services, according to the latest surveys from the Consumer Electronics Association and Credit Suisse. If a rumored Apple-made HDTV is released, pay-TV subscription losses could be even greater, investors said.

Stocks traded off session lows Monday after President Obama promised he will meet daily with Congressional leaders until the debt debate gets resolved. However, fears over a contagion threat in the euro zone kept markets under pressure.

A massive new effort to crack down on intellectual property theft spans industries and every point of the content creation and distribution chain. It's called "Copyright Alert System" and it aims to stop people pirating from pirating content online, by very simply preventing them from surfing the web.

Americans who illegally download songs and movies may soon be in for a surprise: They will be warned to stop, and if they don’t, they could find their Internet access slowing to a crawl, the New York Times reports.

Hulu is on track to “approach half a billion in 2011 revenue” this year as the number of paying subscribers increases. Hulu, the Q2 leader in U.S. online video advertising, has seen a 67% growth in content hours since its launch in November.

I am in Napa Valley today. Indulge me as I gloat. Remember I had to report from a Wyoming buffalo ranch last winter in—10-degree weather. I got pig manure on my boots in Iowa last month. So...I feel I kinda earned this.

About 47 percent of total flat-panel televisions shipped in four years will have Internet connectivity, as manufacturers bet on the expansion of Netflix and direct-to-consumer offerings from content producers like Time Warner’s HBO.

Despite the fact that the Los Angeles Times reported today that "Google is in preliminary talks to buy online video pioneer Hulu," a number of sources very close to the negotiations tell me that all talks are "very preliminary" and it is "impossible to characterize anyone as being in the lead."